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    Remax Real Estate Associates

    1000 S. 3rd St., Terre Haute, IN 47802
    (812) 235-4433
    Web Site
    Size: 10+ agents

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    Property Types

    • Land
    • Residential Multi Family
    • Commercial Sale
    • Commercial Lease

    Listings

    For Sale (62)

    View map
    Prime Commercial Land Available
    $5,460,000
    182.00 Acres

    Prime Commercial Land Available

    Large commercial land parcel in Terre Haute, Indiana.

    Us Highway 41 S, Terre Haute, IN 47802
    View details
    Residential Lot in Montezuma, IN
    Contact for pricing
    0.27 Acres

    Residential Lot in Montezuma, IN

    City lot with in-town utilities and amenities.

    N Washington St, Montezuma, IN 47862
    View details
    Terre Haute Commercial Land
    $999,000
    30.38 Acres

    Terre Haute Commercial Land

    30.38 acres of commercial land in Terre Haute, Indiana.

    5000 S Us Highway 41, Terre Haute, IN 47802
    View details
    Tillable Land For Sale
    $3,390,000
    113.00 Acres

    Tillable Land For Sale

    113 acres of land for sale in Terre Haute.

    1 S 1St St, Terre Haute, IN 47802
    View details
    Prime Commercial Land For Sale
    $139,000
    0.63 Acres

    Prime Commercial Land For Sale

    Commercial land in a popular Terre Haute business district.

    1325 E Margaret Ave, Terre Haute, IN 47802
    View details
    184 Acres Near Terre Haute
    $1,215,000
    184.82 Acres

    184 Acres Near Terre Haute

    Undeveloped land with utilities near Terre Haute Casino Resort.

    E Moyer Dr, Terre Haute, IN 47802
    View details
    Residential Lot in Blumberg Estates
    $52,000
    0.73 Acres

    Residential Lot in Blumberg Estates

    Residential lot in Terre Haute's east side luxury community.

    2432 Eisenhower Ct, Terre Haute, IN 47803
    View details
    Residential Lot in Terre Haute
    Contact for pricing
    0.13 Acres

    Residential Lot in Terre Haute

    Corner building lot available in Terre Haute, Indiana.

    200 S 12Th St, Terre Haute, IN 47807
    View details
    Commercial Lot For Sale
    $500,000
    0.33 Acres

    Commercial Lot For Sale

    Commercial land available in Terre Haute, Indiana.

    2225 N 2Nd St, Terre Haute, IN 47804
    View details
    Highway 40 Industrial/Warehouse Opportunity
    $289,000
    0.84 Acres

    Highway 40 Industrial/Warehouse Opportunity

    Large warehouse on Highway 40 with expansion potential.

    4155 W Us Highway 40, Brazil, IN 47834
    View details
    Retail/Service Opportunity in Terre Haute
    $375,000
    0.18 Acres

    Retail/Service Opportunity in Terre Haute

    Retail/service building in a high-traffic Terre Haute location.

    220 Maple Ave, Terre Haute, IN 47804
    View details
    Multipurpose Building at Busy Intersection
    $995,000
    0.52 Acres

    Multipurpose Building at Busy Intersection

    Renovated 5000 SF building on 0.52 acres in Terre Haute.

    218 Maple Ave, Terre Haute, IN 47804
    View details
    Terre Haute Retail Investment Opportunity
    $250,000
    0.77 Acres

    Terre Haute Retail Investment Opportunity

    Three rented buildings available for sale in Terre Haute.

    1901 N 3Rd St, Terre Haute, IN 47804
    View details
    Land in Terre Haute
    $173,000
    1.50 Acres

    Land in Terre Haute

    1.5 acre commercial land suitable for multi-family housing.

    1900 N 4Th St, Terre Haute, IN 47804
    View details
    Residential Lot in Hawthorn Woods
    $79,200
    1.22 Acres

    Residential Lot in Hawthorn Woods

    1.22 acre residential lot in Terre Haute, Indiana.

    2535 Birchwood Ln, Terre Haute, IN 47803
    View details
    Terre Haute Multiplex For Sale
    $99,900

    Terre Haute Multiplex For Sale

    Multiplex property for sale in Terre Haute, Indiana.

    627 S Center St, Terre Haute, IN 47807
    View details
    Residential Lot in Hawthorn Woods
    $51,300
    0.43 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in Terre Haute's Hawthorn Woods Subdivision.

    6232 Woodhill Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $53,100
    0.41 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in desired Hawthorn Woods Subdivision.

    6246 Woodhill Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $41,400
    0.28 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in desired Eastside Hawthorn Woods Subdivision.

    6259 Woodhill Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $55,800
    0.66 Acres

    Residential Lot in Hawthorn Woods

    0.66 acre residential lot in Terre Haute, Indiana.

    6214 Woodhill Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $62,100
    0.61 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in Terre Haute's Hawthorn Woods Subdivision.

    2547 Birchwood Ln, Terre Haute, IN 47803
    View details
    Terre Haute Commercial Land
    $649,000
    7.64 Acres

    Terre Haute Commercial Land

    7.64 acres of land ready for commercial development.

    400 W Johnson Dr, Terre Haute, IN 47802
    View details
    Terre Haute Retail Opportunity
    $85,000
    0.35 Acres

    Terre Haute Retail Opportunity

    Retail property with development potential near ISU campus.

    710 N 13Th St, Terre Haute, IN 47807
    View details
    Residential Lot in Hawthorn Woods
    $57,600
    0.47 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in Terre Haute's Hawthorn Woods Subdivision.

    2523 Birchwood Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $54,000
    0.64 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in Terre Haute's Hawthorn Woods Subdivision.

    6258 Woodhill Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Lakewood Subdivision
    $71,900
    0.51 Acres

    Residential Lot in Lakewood Subdivision

    Residential lot suitable for building a home in Terre Haute.

    5795 Shady Grove Ct, Terre Haute, IN 47802
    View details
    Residential Lot in Meadow Ridge
    $114,900
    2.80 Acres

    Residential Lot in Meadow Ridge

    2.8-acre residential lot in Terre Haute's desirable Meadow Ridge.

    4 W Curry Dr, Terre Haute, IN 47802
    View details
    Residential Lot in Terre Haute
    $76,000
    0.92 Acres

    Residential Lot in Terre Haute

    Large residential lot available in a sought-after custom home community.

    287 Kensington Ct, Terre Haute, IN 47803
    View details
    Vacant Commercial Lot Available
    $120,000
    0.86 Acres

    Vacant Commercial Lot Available

    Vacant commercial lot in Terre Haute, Indiana.

    3375 S 3Rd Pl, Terre Haute, IN 47802
    View details
    Residential Lot in Hawthorn Woods
    $79,200
    1.30 Acres

    Residential Lot in Hawthorn Woods

    1.3 acre residential lot in Terre Haute, Indiana.

    2529 Birchwood Ln, Terre Haute, IN 47803
    View details
    Picturesque Parke County Land
    $125,000
    4.60 Acres

    Picturesque Parke County Land

    4.6-acre property with Raccoon Creek Valley views.

    3840 S 130 E, Rockville, IN 47872
    View details
    Residential Lot in Hawthorn Woods
    $59,400
    0.46 Acres

    Residential Lot in Hawthorn Woods

    0.46 acre residential lot in Terre Haute, Indiana.

    2587 Hawthorn Woods Rd, Terre Haute, IN 47803
    View details
    Commercial Lot on Prairieton Road
    $60,000
    0.55 Acres

    Commercial Lot on Prairieton Road

    Commercial lot available on Prairieton Rd, Terre Haute.

    2790 Prairieton Rd, Terre Haute, IN 47802
    View details
    Commercial Land with City Utilities
    $125,000
    0.64 Acres

    Commercial Land with City Utilities

    Commercial land with good visibility and city utilities available.

    2170 Spring Clean Ave, Terre Haute, IN 47804
    View details
    Land For Sale, Terre Haute
    $64,900
    1.00 Acre

    Land For Sale, Terre Haute

    One acre commercial land available in Terre Haute, Indiana.

    750 W Johnson Dr, Terre Haute, IN 47802
    View details
    Commercial Land in Terre Haute
    $120,000
    0.30 Acres

    Commercial Land in Terre Haute

    Vacant lot in heavy traffic area, Terre Haute, Indiana.

    1600 S 3Rd St, Terre Haute, IN 47802
    View details
    Residential Lot in Hawthorn Woods
    $80,100
    1.36 Acres

    Residential Lot in Hawthorn Woods

    1.36 acre residential lot in Terre Haute, Indiana.

    2541 Birchwood Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $57,600
    0.49 Acres

    Residential Lot in Hawthorn Woods

    0.49 acre residential lot in Terre Haute, Indiana.

    2569 Hawthorn Woods Rd, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $54,000
    0.46 Acres

    Residential Lot in Hawthorn Woods

    0.46 acre residential lot in Terre Haute, Indiana.

    2557 Birchwood Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $59,400
    0.85 Acres

    Residential Lot in Hawthorn Woods

    0.85 acre residential lot in Terre Haute, Indiana.

    6209 Woodhill Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $57,600
    0.49 Acres

    Residential Lot in Hawthorn Woods

    0.49 acre residential lot in Terre Haute, Indiana.

    2553 Birchwood Ln, Terre Haute, IN 47803
    View details
    Turnkey Salon Ready Commercial Property
    $149,900

    Turnkey Salon Ready Commercial Property

    Fully equipped salon on corner lot, ready for immediate use.

    501 Voorhees St, Terre Haute, IN 47802
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    Residential Lot in Hawthorn Woods
    $50,400
    0.43 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in desired Eastside Hawthorn Woods Subdivision.

    6228 Woodhill Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $52,200
    0.43 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in Terre Haute's Hawthorn Woods Subdivision.

    6240 Woodhill Ln, Terre Haute, IN 47803
    View details
    Industrial Warehouse with Fenced Storage
    $449,000

    Industrial Warehouse with Fenced Storage

    Industrial/warehouse property featuring docks and fenced outdoor storage.

    101 Eagle St, Terre Haute, IN 47807
    View details
    Residential Lot in Hawthorn Woods
    $55,800
    0.56 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in Hawthorn Woods Subdivision, Terre Haute, Indiana.

    6217 Woodhill Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $71,900
    0.62 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in Hawthorn Woods Subdivision, Terre Haute, Indiana.

    2511 Birchwood Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $62,100
    0.45 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in Terre Haute's Hawthorn Woods Subdivision.

    2517 Birchwood Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Hawthorn Woods
    $52,200
    0.44 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in Terre Haute's Hawthorn Woods Subdivision.

    6220 Woodhill Ln, Terre Haute, IN 47803
    View details
    Commercial Land For Sale
    $150,000
    0.14 Acres

    Commercial Land For Sale

    Commercial land available in Terre Haute, Indiana for development.

    212 Maple Ave, Terre Haute, IN 47804
    View details
    Commercial Land For Sale
    $475,000
    0.27 Acres

    Commercial Land For Sale

    0.27 acre commercial lot, great location for development.

    200 Maple Ave, Terre Haute, IN 47804
    View details
    Commercial Land Near City Access
    $130,000
    4.77 Acres

    Commercial Land Near City Access

    4.77 acres of commercial land with high visibility.

    1805 Lockport Rd, Terre Haute, IN 47802
    View details
    Residential Lot in Hawthorn Woods
    $48,600
    0.50 Acres

    Residential Lot in Hawthorn Woods

    Residential lot in a desirable Terre Haute subdivision.

    6208 Woodhill Ln, Terre Haute, IN 47803
    View details
    Residential Lot in Blumberg Estates
    $49,000
    0.59 Acres

    Residential Lot in Blumberg Estates

    Residential lot in Terre Haute's Blumberg Estates luxury community.

    2646 Eisenhower Ct, Terre Haute, IN 47803
    View details
    Residential Lot in Meadow Ridge
    $89,900
    1.51 Acres

    Residential Lot in Meadow Ridge

    1.51-acre lot ready for construction in Terre Haute, IN.

    5 Mdw Rdg Rd, Terre Haute, IN 47802
    View details
    Residential Lot in Terre Haute
    $47,000
    0.39 Acres

    Residential Lot in Terre Haute

    Residential lot available in Blumberg Estates, Terre Haute, Indiana.

    2551 Wainwright Ct, Terre Haute, IN 47803
    View details
    Commercial Land Near Major Retailers
    Contact for pricing

    Commercial Land Near Major Retailers

    Commercial land available near Lowe's, Kmart, and Tractor Supply.

    5000 S Us Highway 41, Terre Haute, IN 47802
    View details
    Land Near Hospital For Sale
    Contact for pricing

    Land Near Hospital For Sale

    Land available on N. 4th Street near the hospital.

    1900 N 4Th St, Terre Haute, IN 47804
    View details
    Land For Sale
    Contact for pricing

    Land For Sale

    Land available for sale.

    750 W Johnson Dr, Terre Haute, IN 47802
    View details
    Land Ready for Development
    Contact for pricing

    Land Ready for Development

    Commercial land available, requires rezoning for commercial use.

    400 W Johnson Dr, Terre Haute, IN 47802
    View details
    90 Acres Tillable Land
    Contact for pricing

    90 Acres Tillable Land

    90 tillable acres with frontage on two streets.

    1 S 1St St, Terre Haute, IN 47802
    View details
    182 Acres Prime Commercial Land
    Contact for pricing

    182 Acres Prime Commercial Land

    182 acres of commercial land at bypass 641 exit.

    S Us Highway 41, Terre Haute, IN 47807
    View details

    For Lease (8)

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    Commercial Land in Cloverdale, IN
    $1,000 / Mo
    50,094 SF

    Commercial Land in Cloverdale, IN

    Commercial land available for rent in Cloverdale, Indiana.

    N Main St, Cloverdale, IN 46120
    View details
    Terre Haute Warehouse Space Available
    $3,904 / Mo
    87,120 SF

    Terre Haute Warehouse Space Available

    15,616 SF warehouse space with easy highway access.

    145 Voorhees St, Terre Haute, IN 47802
    View details
    Wabash Avenue Retail/Service Space
    $1,500 / Mo
    18,295 SF

    Wabash Avenue Retail/Service Space

    Prime lease opportunity in Terre Haute with modern amenities.

    1500 Wabash Ave, Terre Haute, IN 47807
    View details
    Office Space with Utilities Included
    $1,000 / Mo

    Office Space with Utilities Included

    Office space for rent including all utilities and janitorial services.

    400 E Wabash Ave, Terre Haute, IN 47801
    View details
    Office Space with Included Utilities
    $1,800 / Mo
    28,750 SF

    Office Space with Included Utilities

    Office space for rent in Terre Haute, Indiana.

    400 E Wabash Ave, Terre Haute, IN 47808
    View details
    Retail/Service Space For Rent
    $1,734 / Mo

    Retail/Service Space For Rent

    High-traffic location ideal for retail, restaurant, or office.

    688 E Springhill Dr, Terre Haute, IN 47802
    View details
    Commercial Land Near Walmart
    $1,000 / Mo
    130,680 SF

    Commercial Land Near Walmart

    Commercial land available for rent near Walmart in Terre Haute.

    E Bill Farr Dr, Terre Haute, IN 47803
    View details
    Remodeled Retail/Office Space Available
    $1,200 / Mo

    Remodeled Retail/Office Space Available

    Remodeled retail or office space for lease on busy street.

    2610 S 7Th St, Terre Haute, IN 47802
    View details

    Leases and Sales on Map

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    Remax Real Estate Associates
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Remax Real Estate Associates
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